Editor's PiCK
Bitcoin Spot ETF Sees $380 Million Inflow... Bullish for 6 Consecutive Trading Days
Summary
- The US Bitcoin spot ETF recorded an inflow of $380.06 million, showing a bullish trend for six consecutive trading days.
- BlackRock's 'IBIT' recorded the largest inflow with $240.21 million.
- Bitcoin is trading at around $94,750 on the Binance USDT market, up 1.7% from the previous day.
The US Bitcoin (BTC) spot exchange-traded fund (ETF) recorded an inflow of $380.06 million on the 25th (local time), showing a bullish trend for six consecutive trading days.
According to data from Trader T, BlackRock's 'IBIT' recorded the largest inflow with $240.21 million. Fidelity's 'FBTC' saw an inflow of $108.04 million, and ARK Invest's 'ARKB' had an inflow of $11.39 million. VanEck's 'HODL' also showed an inflow of $8.08 million.
On the other hand, Grayscale's 'GBTC' saw an outflow of $7.53 million. However, Grayscale Mini's 'BTC' saw an inflow of $19.87 million. There were no inflows or outflows for Bitwise 'BITB', Invesco 'BTCO', Franklin 'EZBC', Valkyrie 'BRRR', and WisdomTree 'BTCW' on this day.
Meanwhile, Bitcoin is trading at around $94,750 on the Binance Tether (USDT) market, up approximately 1.7% from the previous day.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
![[Exclusive] “Airdrops also taxable”... Authorities to adopt a ‘comprehensive approach’ to virtual assets](https://media.bloomingbit.io/PROD/news/4bde9dab-09bd-4214-a61e-f6dbf5aacdfb.webp?w=250)
